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Management Challenges For The 21st Century Essays

“Management Challenges for the 21st Century” Essay Peter F. Drucker, in his new book, Management Challenges for the 21st Century, provides a different perception and ideals for organizations and individuals that strives for success. He analyzes the challenges that will be a major concern towards society and business and describes how changing an organization’s structure or improving an individual knowledge worker may help deal with them. He also had the idea that there is only one correct organizational structure for each situation. There are many points that concern the major assumptions, new certainties and changing being a norm. Drucker believes organizations and the individual knowledge workers need to take action and make changes accordingly to survive. Drucker’s way of life revolves around seeing things in a different point of view, advancement of methods, and making continuous changes to be prepared for the future. The importance of knowledge workers is huge in the aspect of management. Workers demand that management give as much information about the work environment and tasks at hand so that they can conduct a better job. The better informed both the workers and management is about the job, the quicker they can solve the problems that they will face in the future and the obstacles they can defeat. These workers also need this information so that the organization can be successful creating benefits for them. The needs of these workers are required by management to help a successful work environment. According to Drucker, there is an important difference between a natural science and a social discipline. A natural science deals with the behavior of objects, while a social discipline such as management deals with the behavior of people and human institutions. “The social universe has no natural laws of this kind. It is thus subject to continuous change; and this means

No single person has influenced the course of business in the 20th century as much as Peter Drucker. He practically invented management as a discipline in the 1950s, elevating it from an ignored, even despised, profession into a necessary institution that "reflects the basic spirit of the modern age." Now, in Management Challenges for the 21st Century, Drucker looks at the profound social and economic changes occurring today and considers how management--not government or free markets--should orient itself to address these new realities.

Drucker sees the period we're living in as one of "PROFOUND TRANSITION--and the changes are more radical perhaps than even those that ushered in the 'Second Industrial Revolution' of the middle of the 19th century, or the structural changes triggered by the Great Depression and the Second World War." In the midst of all this change, he contends, there are five social and political certainties that will shape business strategy in the not-too-distant future: the collapsing birthrate in the developed world; shifts in distribution of disposable income; a redefinition of corporate performance; global competitiveness; and the growing incongruence between economic and political reality. Drucker then looks at requirements for leadership ("One cannot manage change. One can only be ahead of it"), the characteristics of the "new information revolution" (one should focus on the meaning of information, not the technology that collects it), productivity of the knowledge worker (unlike manual workers, knowledge workers must be seen as capital assets, not costs), and finally the responsibilities that knowledge workers must assume in managing themselves and their careers.

Drucker's writing career spans eight decades and the years have only served to sharpen his insight and perspective in a way that makes most other management texts seem derivative. While Management Challenges for the 21st Century is no quick airplane read, it is a wise and thought-provoking book that will both challenge and inspire the diligent reader. This book is for people who care about their businesses and careers in the information age--CEOs, managers, and knowledge workers. Highly recommended. --Harry C. Edwards --This text refers to an out of print or unavailable edition of this title.

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